Oracle NetSuite assists NVC International Light Up the World with Digitization

1.The overseas subsidiaries of the ERP integration of the replacement of the demand: NVC International Group, after ten years of development, opened branches in many countries to expand business, and the use of local business and financial systems, but for the NVC International Group, the subsidiaries of the system can only barely cope with the local management, completely unable to meet the needs of international operations and group control;

2.Multi-business operation: the business model mainly includes Big B distribution, Small B direct sales, and the coexistence of manufacturing centres in multiple locations at home and overseas, which requires a set of unified platforms for compatibility;

3.Global Supply Chain Centre: through the Hong Kong headquarters to establish a global supply chain planning centre and follow up centre, to control the demand of subsidiaries around the world, and to unify the arrangements for stocking, production and delivery tracking.

1. Global Supply Chain Planning Centre, Hong Kong Headquarters:

(1) NVC Hong Kong (Yida) HKSSL is a trading company, mainly docking internal and external customers and distribute the demand to internal factories or external factories for production, providing re-export trade business;

(2) The types of business include five categories: regular orders for foreign trade, free orders for foreign trade, stock preparation orders, prototype orders and spare parts orders;

(3) Synergy with overseas sales companies: obtaining sales forecasts from overseas subsidiaries, creating spare parts orders, and converting the spare parts orders into formal foreign trade regular orders when the orders are placed by the end customers; automatically generating inter-company receivables and payables through the automatic flow of inter-company related transactions;

(4) Collaboration with factories in Zhuhai and Vietnam: notify factories of stock preparation through ‘Production Notification’, notify factories of shipment booking and shipping through ‘Advance Shipment Notification’, notify factory warehouses of shipment through ‘Shipment Notification We notify factories of shipment through ‘Production Notice’, notify factories of shipment booking and shipping through ‘Advance Shipment Notice’, notify factories of shipment through ‘Shipment Notice’, and notify factories of shipment through ‘Shipment Notice’;

2.Multi-industry personalised management for each subsidiary:

(1) U.S. trading company integrated system replacement: the use of NetSuite to replace the original four systems: the previous Salesforce is responsible for CRM management, Fishbowl is responsible for order management, QuickBook is responsible for financial bookkeeping, commission system is responsible for commission calculation;.

*Replaced Salesforce's CRM functionality and local commission system functionality with the NetSuite CRM module;

*Replaced Fishbowl's order management and QuickBook's financial bookkeeping with NetSuite's ERP component;

*Direct connection to TrueCommerce (later SPS), which is responsible for order taking, through NetSuite's EDI eco-plugin; *Replacement of Fishbowl's order management and QuickBook's financial accounting through NetSuite's ERP component.

*Through NetSuite's eco-logistics plug-in OzLink, we can automatically split and merge parcels in our own warehouses, and directly connect to UPS/Fedex/USPS and other logistics providers to obtain face sheets;

(2) Zhuhai and Vietnam factories: NVC's complete supply chain planning management, production process management, and refined production costing system are built through Hitpoint MRP model;

1. Oracle NetSuite's own characteristics are very suitable for NVC International's globalised multi-business operations. It improves the efficiency of basic data extraction and makes the management's decision-making more rapid;

2.Normalising business flow, realising business-driven finance, accurately accounting for costs and revenues, realising multi-dimensional collection of financial data, and always reflecting enterprise operation data;

3.Home page dashboard shows the common KPI indicators of each role, order data trend charts and various business indicators;

4.To achieve real-time extraction and analysis of reports from various modules to improve business decision-making and analysis efficiency;

5.Multi-language support, you can make the group in China to use Chinese employees, foreign employees use English, etc..